There are very few moments in life when a person can get a large windfall of money with — seemingly — no major strings attached. This happens only when, in a once in a lifetime moment, a person wins the lottery; or when a person received a settlement to put to rest a lawsuit. Lottery winners and recipients of settlements often feel as if their lives have been changed forever. However, the fact is that oftentimes, there are quite a few strings attached for these “wins”. This is especially true in the case of settlements, which are hard-won in the first place, and often end up being given in the form of structured settlements. What are structured settlements? Rather than receiving your money in a lump sum, Continue ReadingNo Comments

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